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George Buchanan
George leads on all our marketing and communication activities. He joined GCP in 2021 and has over seven years’ marketing experience.
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GCP announces first and final close of Fund VI at £411m, reaching its hard cap three months after formal launch
Growth Capital Partners (“GCP”), a leading UK investor specialising in the knowledge economy, is pleased to announce the first and final close of GCP Fund VI (“the fund”) at £411 million, reaching its hard cap. The fund launched in late March and reached final close in just three months, following strong demand from existing and new investors.
The fundraise exceeded its £350 million target and was oversubscribed at its hard cap. The close represents a 58% increase in size from Fund V and includes support from prestigious new LPs across Europe and the US, alongside strong re-ups from GCP’s existing investor base.
Fund VI will continue GCP’s established strategy of partnering with ambitious Founder-led teams in high-margin, high-growth businesses underpinned by distinctive intellectual capital. It will build on the firm’s track record of successfully working with exceptional companies within technology and specialist services, and of providing strategic support, tools and extensive experience to accelerate and de-risk growth.
The close follows strong recent performance from GCP Fund V – the firm’s first fund dedicated exclusively to the knowledge economy. So far in 2025, Fund V has achieved two major realisations: cybersecurity specialist Bridewell (generating 9.3x return), and digital services and data consultancy Hippo. The 2021 fund now stands at 0.9x DPI, positioning it in the top 5% of its vintage.
“This fundraise – completed in just three months and with demand outweighing supply – is a clear reflection of the strength of our team, track record and distinct strategy alongside a compelling market opportunity.” said Kirsty McDonald, Partner at GCP. “We’d like to thank our existing investors for their continued strong support and warmly welcome our new partners. We’re excited about working together to further future success.”
Rede Partners acted as global fundraising advisor and Macfarlanes LLP as legal advisor.